K92 Mining 2022 Fourth Quarter and Annual Financial Results Conference Call Details

Suite 488 - 1090 West Georgia Street

Vancouver, British Columbia

Canada V6E 3V7

Telephone: +1 (604) 416-4445

Facsimile: +1 (604) 608-9110

www.k92mining.com

NEWS RELEASE

K92 MINING 2022 FOURTH QUARTER AND ANNUAL FINANCIAL RESULTS

CONFERENCE CALL DETAILS

Vancouver, British Columbia, January 31, 2023 - K92 Mining Inc . (“K92” or the “ Company”)

(TSX: KNT; OTCQX: KNTNF) announces that it will release its 2022 fourth quarter and annual

financial results before the North American trading markets open on Thursday, March 30, 2023.

Conference Call and Webcast to Present Results

K92 will host a conference call and webcast to present the 2022 fourth quarter and annual financial

results at 8:30 am (EST) on Thursday, March 30, 2023.

• Listeners may access the conference call by dialing toll -free to 1-800-319-4610 within North

America or +1-604-638-5340 from international locations.

The conference call will also be broadcast live (webcast) and may be accessed via the following link:

https://services.choruscall.ca/links/k92mining2022q4.html

About K92

K92 Mining Inc. is engaged in the production of gold, copper and silver at the Kainantu Gold Mine in

the Eastern Highlands province of Papua New Guinea, as well as exploration and development of

mineral deposits in the immediate vicinity of the mine. The Company declared commercial production

from Kainantu in February 2018 , is in a strong financial position. A maiden resource estimate on the

Blue Lake porphyry project was completed in August 2022. K92 is operated by a team of mining

company professionals with extensive international mine-building and operational experience.

On Behalf of the Company,

John Lewins, Chief Executive Officer and Director

For further information, please contact David Medilek, President at +1-604-416-4445

CAUTIONARY STATEMENT REGARDING FORWARD -LOOKING INFORMATION: This news

release includes certain “forward-looking statements” under applicable Canadian securities legislation. Such

forward-looking statements include, without limitation: (i) the results of th e Kainantu Project Definitive

Feasibility Study, and the Kainantu 2022 Preliminary Economic Assessment, including the Stage 3 Expansion,

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a new standalone 1.2 mtpa process plant and supporting infrastructure; (ii) statements regarding the expansion

of the m ine and development of any of the deposits; and (iii) the Kainantu Stage 4 Expansion, operating two

standalone process plants, larger surface infrastructure and mining throughputs.

All statements in this news release that address events or developments that we expect to occur in the future are

forward-looking statements. Forward -looking statements are statements that are not historical facts and are

generally, although not always, identified by words such as “expect”, “plan”, “anticipate”, “project”,

“target”, “potential”, “schedule”, “forecast”, “budget”, “estimate”, “intend” or “believe” and similar

expressions or their negative connotations, or that events or conditions “will”, “would”, “may”, “could”,

“should” or “might” occur. All such forward -looking statements are based on the opinions and estimates of

management as of the date such statements are made. Forward -looking statements are necessarily based on

estimates and assumptions that are inherently subject to known and unknown risks, uncertainties an d other

factors, many of which are beyond our ability to control, that may cause our actual results, level of activity,

performance or achievements to be materially different from those expressed or implied by such forward-looking

information. Such factors include, without limitation, Public Health Crises, including the COVID-19 Pandemic;

changes in the price of gold, silver, copper and other metals in the world markets; fluctuations in the price and

availability of infrastructure and energy and other commo dities; fluctuations in foreign currency exchange

rates; volatility in price of our common shares; inherent risks associated with the mining industry, including

problems related to weather and climate in remote areas in which certain of the Company’s operations are

located; failure to achieve production, cost and other estimates; risks and uncert ainties associated with

exploration and development; uncertainties relating to estimates of mineral resources including uncertainty that

mineral resources may never be converted into mineral reserves; the Company’s ability to carry on current and

future operations, including development and exploration activities; the timing, extent, duration and economic

viability of such operations, including any mineral resources or reserves identified thereby; the accuracy and

reliability of estimates, projections, forecasts, studies and assessments; the Company’s ability to meet or achieve

estimates, projections and forecasts; the availability and cost of inputs; the availability and costs of achieving

the Stage 3 Expansion or the Stage 4 Expansion; the ability of the Company to achieve the inputs the price and

market for outputs, including gold, silver and copper; inability of the Company to identify appropriate

acquisition targets or complete desirable acquisitions; failures of information systems or information securi ty

threats; political, economic and other risks associated with the Company’s foreign operations; geopolitical

events and other uncertainties, such as the conflict in Ukraine; compliance with various laws and regulatory

requirements to which the Company is subject to, including taxation; the ability to obtain timely financing on

reasonable terms when required; the current and future social, economic and political conditions, including

relationship with the communities in Papua New Guinea and other jurisdictions it operates; other assumptions

and factors generally associated with the mining industry; and the risks, uncertainties and other factors referred

to in the Company’s Annual Information Form under the heading “Risk Factors”.

Estimates of mineral resources are also forward-looking statements because they constitute projections, based

on certain estimates and assumptions, regarding the amount of minerals that may be encountered in the future

and/or the anticipated economics of production. The estimation of mineral resources and mineral reserves is

inherently uncertain and involves subjective judgments about many relevant factors. Mineral resources that are

not mineral reserves do not have demonstrated economic viability. The accuracy of any such estimate s is a

function of the quantity and quality of available data, and of the assumptions made and judgments used in

engineering and geological interpretation , Forward-looking statements are not a guarantee of future

performance, and actual results and future events could materially differ from those anticipated in such

statements. Although we have attempted to identify important factors that could cause actual results to differ

materially from those contained in the forward-looking statements, there may be other factors that cause actual

results to differ materially from those that are anticipated, estimated, or intended. There can be no assurance

that such statements will prove to be accurate, as actual results and future events could differ materially from

those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking

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statements. The Company disclaims any intention or obligation to update or revise any forward -looking

statements, whether as a result of new information, future events or otherwise, except as required by law.